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214-216 S 1st Street 214 S 1st St

8,473 SF 100% Leased Retail Building St Charles, IL 60174 $1,525,000 ($180/SF)

Investment Highlights

  • Prime Downtown Location
  • Fully Leased with Quality Tenants

Executive Summary

Attention-grabbing Opportunity on the South First Street commercial corridor in downtown Saint Charles! Four-Unit Historical Commercial property- fully leased with quality tenants including Arcedium Coffee House (this is where community meets), Fox Valley Cleaners, Bang Bang Salon, and Rosie's Color Salon. 8,473 SQFT in 3 buildings on a 14,100 SF site at the NEC of South First and Indiana Streets. This is where potential abounds, with the new Whole Foods replacing the Blue Goose and set to open early spring 2025, along with other businesses including Mio Modo (Francesca's), Brunch Cafe, moto imoto Asian Kitchen, the 5-story parking deck, Sterling Bank, Vintage 53 Wine Bar, Club Pilates, Kilwins Chocolates, Alter Brewing, ZaZa's Italian Trattoria, Gia Mia Pizza, McNally's Pub, Coroco Coffee, Eden's Events, historic Baker Hotel, Arcada Theater, million dollar residential condos, and many other successful businesses. This is where the TriCities are HAPPENING!!! St. Charles is a wonderful place to BE and will be for a long time. This is a leased-fee opportunity. The historical property will be sold subject to the existing leases, which extend for several years. Financial information will be shared with serious buyers. Call Listing agents for more information. Please do not engage/disturb tenants. Both salons are within the Fox River flood plain and require flood insurance. There is a recorded NFR Letter on file. Financial information upon request.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
8,473 SF
Building Class
B
Year Built
1900
Price
$1,525,000
Price Per SF
$180
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.59
Lot Size
0.33 AC
Zoning
CBD-1
Walk Score ®
Walker's Paradise (91)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

First Mid Bank
Club Pilates
  • Listing ID: 33332526

  • Date on Market: 9/27/2024

  • Last Updated:

  • Address: 214 S 1st St, St Charles, IL 60174

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